American Consequences - October 2020

The Middle Class Squeeze

Optimism... a belief in the American dream... a belief in fairness and meritocracy... these are values Americans hold dear. And under Trump, Americans regained hope that some middle- class manufacturing jobs might

he is. Trump seems to take it personally when a CEOmentions job cuts, and his base senses that. Meanwhile, incomes for the poor and middle class, per a new Fed report, grew more than they have in decades during 2016 to 2019. Middle-class wages during Trump’s presidency grew by nearly 7% and the poor saw growth of 9%. Meanwhile, a new Gallup poll shows the majority of Americans saying that even despite the coronavirus pandemic, they are in a BETTER place than they were four years ago. Filmmaker Michael Moore got it right when he predicted that Trump would win in 2016... Moore noted that when Trump came to the Detroit auto club and stood up there in front of the auto execs and told them he’d slap 35% tariffs on any products coming in from Mexico... It was an amazing thing to see... No politician, Republican or Democrat, had ever said anything like that to these executives, and it was music to the ears of people in Michigan and Ohio and Pennsylvania and Wisconsin. Moore’s most notorious line was: “Trump’s election is going to be the biggest F-U recorded in human history and it will feel good.” The Left Doesn’t Trust the Vote He was right in his prediction. And it did feel good for people. Maybe too good. So good that the Left and the mainstream media, in a state of total shock after election night, just couldn’t stop their attacks. In the last four years, we learned that

return. In actuality, only about 500,000 manufacturing jobs were added – a growth trajectory that is similar to that of Obama’s tenure. But the distinguishing factor here was... aspiration. By telling people to essentially “forget about it,” the Obama-Biden era party elites had signaled to middle America’s jobs that their livelihoods weren’t worth saving. By telling people to essentially “forget about it,” the Obama-Biden era party elites had signaled to middle America’s jobs that their livelihoods weren’t worth saving. Understanding how it would “play in Peoria,” as they say, was both Obama’s and Hillary Clinton’s failure. Biden – who does have a better feel for the American middle class that his predecessors – needs to ensure the rust-belt voters that he really does have their back. While voters may question Biden’s loyalty, Trump’s base is confident that he is 1,000% behind them... And for better or for worse,

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October 2020

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